Profits tumble at Savills after 'challenging' year
14th Mar 2024 09:09
(Sharecast News) - Property firm Savills posted a slump in annual profits on Thursday, but said it expected to see a recovery in the real estate market later this year.
Read moreSavills to meet forecasts despite 'challenging' year
11th Jan 2024 09:38
(Sharecast News) - Savills said on Thursday that it remained on track to meet full-year profit expectations, despite global real estate markets coming under pressure throughout 2023.
Read moreSavills appoints David Lipson as head of North America business
13th Nov 2023 14:48
(Sharecast News) - Savills said on Monday that it has appointed David Lipson as the new chief executive of its North America business with effect from 1 January 2024.
Read moreLondon open: Housing stocks pull FTSE lower on rate-hike fears
15th Aug 2023 08:07
(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.
Read moreFTSE 250 movers: Real estate stocks Savills and Derwent London sink
10th Aug 2023 15:01
(Sharecast News) - Shares in Savills plunged nearly 12% on Thursday after the real estate advisor said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.
Read moreLondon midday: Markets subdued ahead of US CPI data
10th Aug 2023 11:59
(Sharecast News) - Investors were keeping their powder dry on Thursday in London as stock markets chose to remain cautious ahead of a much-anticipated US inflation report later on.
Read moreLondon open: Tentative start for FTSE 100 as markets eye US data
10th Aug 2023 08:25
(Sharecast News) - The FTSE 100 edged higher in morning trade on Thursday, rising for the second straight session, though gains were limited as investors showed caution ahead of some all-important inflation figures from the US.
Read moreSavills paints gloomy outlook as profits drop 72%
10th Aug 2023 07:56
(Sharecast News) - Real estate advisor Savills said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.
Read moreSavills first half to be impacted by price corrections
17th May 2023 09:11
(Sharecast News) - Estate agent Savills said on Wednesday that the first half will be "materially impacted" by "the ongoing recalibration of global investment markets".
Read moreSavills sees tough H1 as 2022 profits fall 16%
16th Mar 2023 07:05
(Sharecast News) - Real estate agent Savills said it expected a tough first half of the current year as it reported a fall in annual profits.
Read moreSavills full-year trading ahead of expectations
12th Jan 2023 09:06
(Sharecast News) - Estate agent Savills said on Thursday that its full-year performance was ahead of expectations despite a difficult backdrop, as it struck a cautious note on the outlook.
Read morePeel Hunt downgrades Savills, shares slide
5th Dec 2022 11:00
(Sharecast News) - Peel Hunt downgraded Savills to 'add' from 'buy' on Monday as it pointed to "tougher times".
Read moreSavills first-half revenues jump, profits decline
11th Aug 2022 07:56
(Sharecast News) - Real estate advisor Savills backed its full-year expectations on Thursday as it posted a jump in first-half revenues but a drop in profits.
Read moreSavills confident despite risky macro backdrop
11th May 2022 12:04
(Sharecast News) - Real estate and property service provider Savills said in an update on Wednesday that its businesses were performing in line with expectations, although the war in Ukraine, inflation and a rising interest rate cycle had recently tempered transactional activity.
Read moreSavills posts record FY results after strong trading recovery
10th Mar 2022 07:21
(Sharecast News) - Real estate advisor Savills reported record full-year results on Thursday following an "extraordinarily strong" trading recovery.
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